Recognizing the importance of addressing energy challenges, governments of Mediterranean countries and the EU, have decided to work together towards the enhancement of synergies in the fields of renewable energy and energy efficiency, integration of electricity markets and gas in the Mediterranean region. It is in this spirit that the UfM Senior Official Meeting (SOM) approved the establishment of three UfM high-level Energy Platforms in March 2015:

The idea of integrating and providing a compatibility to the approaches in the electricity and gas markets, and deployment of renewable energies of different countries lies in the assumption that a common view on regional basis is more effective than fragmented national ones in delivering benefits in terms of more secure, more stable and more affordable energy supply. In particular, the potential for regional electricity trade among UfM countries and sub regions is considerable, given the great complementarity of supply and demand structure across the region.

Task Force on Union for the Mediterranean (UfM) Energy Platforms

Objectives -2019

Contributing to the integration of Mediterranean electricity markets, which fosters enhanced deployment of renewable energies and energy efficiency; and,

Contributing to the gradual development of a Euro-Mediterranean gas market

Main Activities

Supporting the UfM Energy Platforms (electricity, gas, and renewables) process in accordance with the MEDREG Strategy and Action Plan, and in conjunction with relevant working groups;

Drafting a joint work program together with Med-TSO for the Integration of the electricity markets, and following deliverables;

Contributing to the preparation of reports, work plans, activities, etc. of secretariats and/or animators of UfM Energy Platforms;

Identifying additional studies and a timeline for updates along this process.

Activity and Deliverable

Year

Referent regulator

1. Deliverable: MEDREG Provide technical input to the implementation of the UfM REM Platform work programme

2019

MEDREG Secretariat coordinator

- Activity: Support to the identification and implementation of any sub-regional pilot projects for market and system integration